Trades entered @ 1.64 stopped out @ BE
Trades entered @ 1.65 @ BE.
Trades entered @ 1.65 @ BE.
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DislikedUnder the present market conditions, especially Eur /Usd, many legs keep dying at BE. Perhaps this is the test of the time one has to withstand, I guess.
Anyone has any better luck? could you share your recent /current trading exercises with this approach.
Thanks
TSIgnored
DislikedAfter 3 days of trading using Graeme's guideline.
Total trades taken - 24
Total BE trades - 18
Total SL hit - 1
Total positions in profit that stayed open overnight - 5
Total growth of account - 26% (can't say exact pips since I trade commodities as well).Ignored
DislikedYeah, I hit about 40% in 4 days. But it's mostly luck, I don't expect to keep such success in time, not yet. Apart from the luck there is that monthly trend on the XAU chart...Ignored
DislikedAfter 3 days of trading using Graeme's guideline.
Total trades taken - 24
Total BE trades - 18
Total SL hit - 1
Total positions in profit that stayed open overnight - 5
Total growth of account - 26% (can't say exact pips since I trade commodities as well).
I am not using FBs or 200 ema or any of those for the matter of entry, but I've developed my own method of entry derived from trying 3 X20 exercise, which has been really successful.
I would like to thank Graeme for his wonderful teachings and his posts are inspirational not only in terms...Ignored
DislikedIt's luck and it always will be luck since no one knows for sure which direction market will go in next few minutes, hours or days.
Only thing we can do is to participate with low risk entries and that's what I meant in my post. I've been doing 3 X20 exercise for a while now and able to get almost above 70% BE, which helps me avoid any huge draw-down before I get those lucky long runs.
That way, I'm never in risk of more than 1% while my potential profits are 26%, 40% or 100%.Ignored
Dislikedhi, forex_fan, would you please setup a new demo account and link it to FF's trade explorer? then everybody can watch your practice results and discuss based on that. that will improve each other.Ignored
DislikedI have been following your tread for the past three years, and have found it immensely helpful.
MytraderIgnored
DislikedHi Vee,
Not sure how the replies to this question are useful, but hey, since you want opinions:
The lagging comes from comparing the various instruments available at our disposal:
Price itself is just a number, so I would consider it the fastest information, Price action is the action of price (more commonly in the form of candles/bars/line), and then you have the indicators which are lagging behind the likes of candlesticks (because they need more information in order to show their signals, by comparison you can have a 1 candle signal...a...Ignored